taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

049/Cooke

049-902/Muenster ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 92,878,510 N/A 92,878,510 92,878,510
B. Multi-Family Residences 545,430 N/A 545,430 545,430
C1. Vacant Lots 1,622,040 N/A 1,622,040 1,622,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,977,424 N/A 9,977,424 9,977,424
D2. Real Prop Farm & Ranch 4,182,383 N/A 4,182,383 4,182,383
E. Real Prop NonQual Acres 55,250,943 N/A 55,250,943 55,250,943
F1. Commercial Real 22,103,236 N/A 22,103,236 22,103,236
F2. Industrial Real 77,269,796 N/A 77,269,796 77,269,796
G. Oil, Gas, Minerals 63,695,330 N/A 63,695,330 63,695,330
J. Utilities 16,375,275 N/A 16,375,275 16,375,275
L1. Commercial Personal 17,864,775 N/A 17,864,775 17,864,775
L2. Industrial Personal 41,688,468 N/A 41,688,468 41,688,468
M. Other Personal 434,432 N/A 434,432 434,432
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 210,365 N/A 210,365 210,365
S. Special Inventory 639,334 N/A 639,334 639,334
Subtotal 404,737,741 404,737,741 404,737,741
Less Total Deductions 94,739,184   94,739,184 94,739,184
Total Taxable Value 309,998,557 309,998,557 309,998,557 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
317,629,932 309,998,557 317,629,932 309,998,557


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,631,375 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
378,716,729 371,085,354 378,716,729 371,085,354

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified